Since the Oculus Rift hit Kickstarter the world has been wondering when the CV1 (Consumer Version 1) would be released to the public. Well, now we know: Q1 2016.

Oculus VR announced the news just now, with the hardware on the final version, as well as its price, still unknown. However, the company did say: "The Oculus Rift builds on the presence, immersion, and comfort of the Crescent Bay prototype with an improved tracking system that supports both seated and standing experiences, as well as updated ergonomics for a more natural fit, and a highly refined industrial design".

The teasing continues: "In the weeks ahead, we'll be revealing the details around hardware, software, input, and many of our unannounced made-for-VR games and experiences coming to the Rift. Next week, we'll share more of the technical specifications here on the Oculus blog".